Quote:
Originally Posted by NH.Solar
I wonder if the news of the world will cause an even larger decline of home sales in the 4th quarter.
First, Russia sending warheads into Poland is shades of 1939 again where we have a large country in tough financial shape lead by an imperialistic dictator and Poland backed by the EU and NATO ...and that is on top of Putin determined to seize the Donbas region rich in oil fields and a bread basket as well.
Second, we have a president that seems to like to provoke the rest of the world more than exercising the proper diplomacy that might actually accomplish something lasting. Don't get me wrong, I believe in a strong stance and USA first, but think that the way things are presently being done are far too harsh and thus dangerous. Maybe Trump is just pushing so forcefully because he knows that he needs to get as much of his agenda done before the mid-term elections?
And lastly add in the huge negative economic effects that the tariffs are creating and the news becomes a recipe for a sharp downturn in our economy. Anyone else nervous? I suspect so. I know I sure am
|
Bingo! Everything that's happening in the world is contributing to a housing market slowdown pretty much nationwide from what we can see. Not everywhere but it is certainly widespread.
We believe there are a number of contributing factors that we won't get into in order to avoid thread drift. There is a lot in play and it's not just politics which we avoid like the plague. Unfortunately for those who only arrive at their conclusions from watching the MSM you are missing out. All you need to do to understand how unstable things are is to look at the precious metals market.
Again, our conclusion that yes there is a slowdown in the real estate market. But no matter how bad things get, we consider ourselves lucky to be at least "stuck" here!
Below is an interesting interview from 7/16/25 where he talks about the decline in the housing market.
https://usawatchdog.com/chaos-in-hou...r-john-rubino/